PPP Audits & Appeals
Cover your assets.
Now that Small Business Administration (SBA) audits of Paycheck Protection Program (PPP) loans have begun, borrowers are waiting to see how the SBA will respond to their loan forgiveness applications. In some cases, borrowers are receiving requests from the SBA for more information. At the same time, lenders are being notified that the SBA is conducting loan reviews. Borrowers and lenders alike are trying to navigate the PPP web to understand what their obligations are with respect to the PPP. Borrowers also face important decisions regarding how to best account for and treat PPP loans for state and federal tax purposes. Frost Brown Todd can assist.
Our PPP Audits and Appeals team of attorneys concentrate their practices in finance, government investigations, tax controversies, and white-collar criminal defense. We know the PPP, having assisted businesses across multiple sectors with their loan applications. We can provide the strategies and support necessary to defeat a claim made by the federal government.
Resource Collection
-
-
Use It or Lose It: ARPA Funds Spending UpdateAugust 3, 2022
-
Billions in Broadband Infrastructure Funding Under Infrastructure Improvement and Jobs ActMay 2, 2022
-
Ohio Tax Talk: How Small Business Relief Would WorkApril 1, 2022
-
Fraud – Continuing to Pull Back the Curtain on Federal Relief AbusesSeptember 27, 2021
-
-
You Received ARPA Funds: Now What?June 3, 2021
-
When and Where Can I Sign My Will With “Remote Witnessing”? [Estate Planning Lessons Learned Fro...April 16, 2021
-
PPP Audits and Appeals: When SBA and IRS Come KnockingApril 5, 2021
-
-
-
-
More Economic Relief for SBA Borrowers: The SBA Will Pay for Your Loan Payments for Up to Five Month...March 5, 2021
-
Not COVID Friendly – Kentucky Disallowing Deductions for Expenses Covered by PPP Loans
January 22, 2021
-
Hotels Give the New Paycheck Protection Program 2 ½ Stars
January 22, 2021
-
4% LIHTC Fix Helps Affordable Housing IndustryJanuary 21, 2021
-
Employee Retention Tax Credit Expanded and Extended by New COVID-19 Stimulus: Does Your Business Qua...January 15, 2021
-
What’s in the Longest Bill Congress Has Ever Passed? Employee Benefits Provisions in the Consolid...January 13, 2021
-
New and “Improved” Paycheck Protection Program (PPP) Reopens: Second Round Loans, Eligibility an...January 11, 2021
-
Stimulus Package Includes Expanded Eligibility for News Organizations and BroadcastersJanuary 5, 2021
-
-
SBA Issues Loan Necessity Questionnaires for PPP Borrowers with PPP loans over $2 million
November 2, 2020
-
Hotels, Nursing Homes and Speculative Home Builders May Be Eligible for Main Street Lending ProgramOctober 26, 2020
-
PPP Borrowers and Mergers & Acquisitions – New Requirements and Clarity from the SBA
October 6, 2020
-
ARRC Pushes for Banks to Adopt Hardwired Approach to SOFR for LIBOR Cessation by OctoberSeptember 11, 2020
-
Using CARES Act Funding for Economic Development PurposesSeptember 8, 2020
-
IRS Issues Payroll Tax Deferral Guidance to Clarify Employer ObligationsSeptember 2, 2020
-
Kentucky Tax Talk: Companies May Have To Foot Unemployment BillAugust 27, 2020
-
States Focus on Commercial Mortgage Foreclosure MoratoriumsAugust 27, 2020
-
Lions, Tigers, Bears and CARES – Retirement Plan ComplianceAugust 20, 2020
-
The OCC’s CRA Final Rule: Have You Found Your Assessment Area?August 17, 2020
-
-
U.S. LIBOR Cessation: How to PrepareAugust 13, 2020
-
New Information Regarding the Eviction Prevention COVID-19 Relief Fund for Louisville Metro Tenants ...August 11, 2020
-
-
When the Government Comes Knocking: Paycheck Protection Program and Preparing for Government Scrutin...July 24, 2020
-
-
Comparing the Three Main Street Loan FacilitiesJuly 22, 2020
-
Congress Considers Additional Support for Tax-Exempt Issuers and State and Local Infrastructure Proj...July 16, 2020
-
Solutions for Delays in Unclaimed Property Reporting
July 16, 2020
-
Preferred Equity Facility Would Provide Much Needed Relief to Commercial Real Estate MarketJuly 14, 2020
-
-
-
-
-
Making the Most on the Sale of Your Business – An Owner’s Tax Considerations on Earnouts
June 29, 2020
-
-
PPP Borrowers may Choose the 24-week Covered Period and Apply Early for Loan Forgiveness
June 26, 2020
-
Public-Private Partnerships in a Post-Pandemic WorldJune 24, 2020
-
-
Opportunity Zone Rule Changes Due to COVID-19June 22, 2020
-
Kentucky Tax Talk: Pandemic Raises Telecommuting IssuesJune 22, 2020
-
SBA Issues New Forgiveness Applications (and You Don’t Need to Wait Until After December 31 to App...June 18, 2020
-
Don’t Leave Eligible FFCRA Tax Credits on the TableJune 12, 2020
-
-
-
-
-
-
Congress Revises Paycheck Protection ProgramJune 4, 2020
-
Not Challenged by the Paycheck Protection Program Yet? Lenders Meet Your Additional ExpectationsJune 2, 2020
-
-
-
-
-
-
-
Preparing for an SBA PPP Audit: Answers to Frequently Asked Questions on the Paycheck Protection Pro...May 26, 2020
-
-
Preparing for an SBA PPP Audit: What are the Risks?May 20, 2020
-
-
Retail Tenant Bankruptcy and Restructuring in the COVID-19 Era: Commercial Real Estate Finance COVID...May 19, 2020
-
-
-
SBA Issues New Safe Harbor for the Necessity Certification for Paycheck Protection Program Loans –...May 14, 2020
-
-
-
-
-
Comparing Paycheck Protection Program and Emergency Economic Injury Disaster Loan Options for Small ...May 11, 2020
-
Ohio Senate Proposes Legislation to Distribute Coronavirus Relief Funding to Local GovernmentsMay 6, 2020
-
The Current State of Hotel Owner Requests for Relief from Existing Lenders: Commercial Real Estate F...May 1, 2020
-
-
$75 Billion More to Come to Health Care Providers – But To Whom and How Remains a Question
May 1, 2020
-
Solutions to Governmental Unit Revenue ShortfallsApril 30, 2020
-
IRS Extends Deadlines for Plan Restatements
April 30, 2020
-
Federal Reserve Expands Credit Facility Aimed to Help State and Local Governments During COVID-19 Pa...
April 30, 2020
-
CARES Act Provides Relief to Small Businesses: Does that Include Portfolio Companies?April 30, 2020
-
Kentucky Tax Talk: Budget Focuses on Pandemic ReliefApril 29, 2020
-
COVID-19’s Impact on Bond Issuers’ Finances and 15c2-12 Continuing Disclosure ObligationsApril 29, 2020
-
ALERT – Paycheck Protection Program 2.0: New Rules and Additional Guidance as of April 26, 202...
April 27, 2020
-
Retail and Shopping Center Landlords: Commercial Real Estate Finance COVID-19 Impact SeriesApril 24, 2020
-
-
-
Lender Liability: An Expected Post-Coronavirus Legacy?April 22, 2020
-
-
-
SBA Issues Additional Guidance for Self-Employed Individuals and Clarifies Eligibility Requirements ...April 21, 2020
-
Federal Reserve Announces New Credit Facility to Help State and Local Governments During COVID-19 Pa...
April 21, 2020
-
Tools for Multifamily HUD Insured Loans in Light of COVID-19
April 20, 2020
-
-
CARES Act for Midsize to Large Businesses | Webinar
April 20, 2020
-
CARES Act for Small Businesses | Webinar
April 20, 2020
-
Mortgage Payment Deferral Responsibilities of Small Servicers during the Coronavirus Declared Emerge...
April 16, 2020
-
IRS issues FAQ on Deferring Employment Tax DepositsApril 16, 2020
-
Hotels and COVID-19April 15, 2020
-
-
-
-
-
Free Money, Pretty Much: Medicare Providers to Automatically Receive $30 Billion in Relief Funds Fro...
April 10, 2020
-
Tennessee Relaxes Formalities of Will Execution
April 10, 2020
-
Considerations for Approvals of PPP and EIDL SBA Loans by Existing Commercial Real Estate LendersApril 9, 2020
-
Private Nonprofit Health Care Organizations’ Guide to FEMA Reimbursement for COVID-19 Related Expe...April 9, 2020
-
Additional Funding Opportunities Under the CARES Act and Certain Credit Facilities of the Federal Re...April 8, 2020
-
-
-
Tax Relief to Combat COVID-19: Don’t exclude your business from relief by choosing the wrong progr...April 8, 2020
-
Kentucky Legislature Suspends In-Person Witnessing and Notarization Requirement for Estate DocumentsApril 7, 2020
-
New Guidance from SBA States Faith-based Organizations Are Eligible for PPP and EIDL LoansApril 6, 2020
-
-
-
The Interim Final Rule and its Effect on the Implementation of the Paycheck Protection Program
April 3, 2020
-
Employee Benefit Plan Changes Under CARES Act
April 1, 2020
-
The Cares Act: The Affiliation Rules and How They Impact Eligibility Under the Paycheck Protection P...
March 31, 2020
-
Coronavirus Impact on Hospitality Industry Loans
March 30, 2020
-
-
-
Fannie Mae and Freddie Mac to Grant Forbearance to Multifamily Owners in Exchange for Suspension of ...March 26, 2020
-
Incentives for Nonprofits Available Thanks to CARES Act
March 26, 2020
-
COVID-19 Job Losses – Are Your Incentive Awards at Risk?
March 25, 2020
-
Beware Risks Of Delaying Tax PaymentsMarch 25, 2020
-
U.S. Bankruptcy Courts Adapt to Life Under COVID-19March 25, 2020
-
COVID-19 Checklist for FranchisorsMarch 24, 2020
-
Safe Harbor 401(k) Plans: Changes in the Face of Financial Uncertainty | Fiduciary Focus SeriesMarch 24, 2020
-
-
-
Cashing Checks in the COVID-19 AgeMarch 23, 2020
-
Unemployment Insurance Rules Revised to Accommodate Employers and Employees Affected by COVID-19March 23, 2020
-
-
States Providing Filing Relief Against COVID-19 ImpactsMarch 23, 2020
-
Is the COVID-19 Pandemic a Material Adverse Change?March 23, 2020
-
-
-
-
COVID-19 and Banks’ Remote Deposit Capture ProcessesMarch 18, 2020
-
Un-retired: Solutions to Healthcare Worker ShortageMarch 18, 2020
-
-
COVID-19 Tax Impact Changes
March 17, 2020
-
-
-
-
Even Taxes Are Hit by COVID-19March 13, 2020
-
How Bankers Can Prepare for the Shock of Coronavirus
March 11, 2020
-
Using Qualified Disaster Relief and Employer-Assisted Charities to Aid Employees Impacted by Financi...March 2, 2020
-
PPP Audits & Appeals Team
Members of our PPP Audits and Appeals team previously worked for the federal government on financial crimes, giving our team a unique behind-the-scenes perspective as it relates to the positions and practices of government agencies.
-
Jordan S. Blask
Member | Pittsburgh, PA
Loan Workouts -
Catherine F. Burgett
Member | Columbus, OH
Labor & Employment -
J. Christopher Coffman
Member | Louisville, KY
Tax Controversies -
Russell M. Coleman
Member | Louisville, KY
Government Investigations -
Mary Claire Davis
Counsel | Charleston, WV
Litigation & Appeals -
Edward M. King
Member | Louisville, KY
Bankruptcy & Restructuring -
Rebecca M. Moore
Member | Louisville, KY
Finance & Lending -
Mark F. Sommer
Member | Louisville, KY
Federal Tax -
Kevin M. Tierney
Member | Cincinnati, OH
Financial Crimes -
Jared M. Tully
Member | Charleston, WV
Litigation & Appeals -
Robert C. Webb
Member | Louisville, KY
Tax Controversies
Latest COVID-19 Takes
-
Get Ready for the DOJ to Come Asking About COVID Relief ProgramsOctober 20, 2022
-
-
Use It or Lose It: ARPA Funds Spending Update
August 3, 2022
-
-
Small Municipalities, Townships and Other Political Subdivisions to Share in Disbursement of Second ...July 5, 2022
-
DOT Extends Emergency Declaration to August 31, 2022May 31, 2022
-
DOT Adds Fuel Products to Emergency Declaration
May 17, 2022
-
Billions in Broadband Infrastructure Funding Under Infrastructure Improvement and Jobs Act
May 2, 2022
Stay ahead of the law.
Receive email updates on the legal topics that interest you.